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Bachem Completes Expansion of Peptide Manufacturing Capacities in the US

27. Jul 2006

The Bachem Group (SWX: BANB) announced today that it has opened its new production unit at its US subsidiary Bachem California Inc. in Torrance, California. The expansion offers a forty percent increase in production capacity at the current facility for peptide-based active pharmaceutical ingredients (APIs) to meet increasing market demand in North America. The additional unit, representing an investment of about USD 10 million (CHF 12.5 million), fulfills all FDA requirements for cGMP production.

 

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